The London Stock Exchange plans a new bourse for private companies
It hopes to transform capital markets and revive its own fortunes
GIVEN ITS history, the London Stock Exchange (LSE) was predestined for reinvention. It started life in 1698 as a list of prices stuck to the wall of a back-alley coffee house; a hundred years later, it was hosting three-quarters of the world’s stockmarket. By the turn of the 21st century the roar of open-outcry trading had been replaced by the hum of mainframes. On March 15th the LSE announced its next transformation: into an exchange for private companies as well as listed ones.
This article appeared in the Britain section of the print edition under the headline “Order Floww”
Britain March 19th 2022
- Boris Johnson tells The Economist about his anti-Russia coalition
- Britain finally comes up with a scheme to help Ukrainian refugees
- The London Stock Exchange plans a new bourse for private companies
- After years in jail, Nazanin Zaghari-Ratcliffe returns to Britain
- Chilly British homes are likely to get chillier
- Does Rishi Sunak have the stomach for what he must swallow?
From the March 19th 2022 edition
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